Lodi, NJ is a desirable place to live due to its strong housing market. The current median value for a house in Lodi is $509,400, which is significantly higher than the US median value of $338,100. In addition, the 1 year house appreciation rate for Lodi stands at 10.32%, which is higher than the national average of 8.27%. This indicates that housing prices are likely to continue increasing over time and make living in Lodi an even more attractive option.
The median home cost in Lodi is $509,400. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Lodi is up 9.0%.
Average Age of Homes
- The median age of Lodi real estate is 58 years old
The Rental Market in Lodi
- Renters make up 59.0% of the Lodi population
- 0.0% of houses and apartments in Lodi, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.